Is The U.S. Stock Market Only Driven By Big Tech? 📱

Join Paul DeVierno as he looks at the U.S. economy and find out why it's doing well and how big tech companies are driving the market. Watch now!

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UOBKH Retail Market Monitor
9 February 2024

FBMKLCI: 1,512.36 (-0.75)
Support: 1,500, 1,470
Resistance: 1,528, 1,570

Bursa Top Gainers:
YTL (+2.7%), AXIATA (+1.5%), KLK (+1.4%)

Bursa Top Losers:
GENTING (-2.2%), HLBANK (-1.0%), QL (-0.86%)

Bursa Trade Statistics
Local Institutions (45.7%): -RM73.5m
Local Retail (20.0%): -RM30.9m
Foreign (34.3%): +RM104.4m

Global Equity Indexes
MSCI Asia : 167.54 (-0.57, -0.34%)
NASDAQ : 15,793.71 (+37.07, +0.24%)
S&P500 : 4,997.91 (+2.85, +0.06%)
DJIA : 38,726.33 (+48.97, +0.13%)

USD/MYR : 4.7765 (-0.0158)
SGD/MYR : 3.5468 (-0.0020)

Crude Oil : $76.44 (+2.47)
Gold : $2,033.89 (-3.29)

US stocks were higher after the close on Thursday, as gains in the Oil & Gas, Consumer Services and Consumer Goods sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.13% to hit a new all time high, while the S&P 500 index gained 0.06%, and the NASDAQ Composite index climbed 0.24%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 1,699 to 1,156 and 80 ended unchanged; on the Nasdaq Stock Exchange, 2,134 rose and 1,258 declined, while 132 ended unchanged. (Source: Investing.com)

Stocks To Watch:

1) REVENUE (KLSE: 0200)
Technical BUY with +41.5% potential return
* Last: RM0.205 TP: RM0.265, RM0.29 SL: RM0.175
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) NATGATE (KLSE: 0270)
Technical BUY on breakout (RM1.44) with +15.3% potential return
* Last: RM1.41 TP: RM1.62, RM1.66 SL: RM1.28
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) AJIYA (KLSE: 7609)
Technical BUY on breakout (RM1.51) with +15.2% potential return
* Last: RM1.47 TP: RM1.68, RM1.74 SL: RM1.38
* Timeframe: 2 weeks to 2 months
* Shariah: YES

Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia

Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

For the full research report, please log in to www.utrade.com.my

UOBKH Malaysia Trading Idea
9 February 2024

#TradingIdea #UOBKayHian

UOBKH Singapore Retail Market Monitor
9 February 2024

Short Term Opportunity:
1) Delfi (SGX: P34)
Technical BUY range S$ 1.10-1.11
Last: S$ 1.13
TP: S$ 1.27
SL: S$ 1.07

2) Wilmar International (SGX: F34)
Technical SELL range S$ 3.31-3.32
Last: S$ 3.26
TP: S$ 3.08
SL: S$ 3.42


Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia

Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

For the full research report, please log in to www.utrade.com.my

UOBKH Hong Kong Retail Market Monitor
9 February 2024

Short Term Opportunity:
1) Chinasoft International Limited (HKEX: 354)
Technical BUY range HK$4.60-4.73
Last: HK$ 4.73
TP: HK$ 5.00/ HK$ 5.40
SL: HK$ 4.20

2) BYD Electronic (International) Company Limited (HKEX: 285)
Technical BUY range HK$28.00-28.50
Last: HK$ 28.90
TP: HK$ 30.50/ HK$ 34.00
SL: HK$ 26.00

Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia

Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

For the full research report, please log in to www.utrade.com.my

UOBKH Malaysia Trading Idea
13 February 2024

#TradingIdea #UOBKayHian

LIVE WEBINAR

Fundamental of Technical Analysis in Stock Trading

Presented by Fakhrul Asyraq, Investment Analyst, UOB Kay Hian


📅 Tuesday, 13 February 2024
⏰ 6.00pm – 8.00pm

Talk is in English and open to public.

REGISTER NOW!
https://attendee.gotowebinar.com/register/750847030721499486

#UOBKayHianEvents
#UOBKayHianMalaysia
#UOBKayHian

UOBKH Malaysia Trading Idea
14 February 2024

#TradingIdea #UOBKayHian

UOBKH Retail Market Monitor
14 February 2024

FBMKLCI: 1,531.37 (+19.09)
Support: 1,513, 1,500
Resistance: 1,545, 1,570

Bursa Top Gainers:
MRDIY (+2.8%), TENAGA (+2.8%), CIMB (+2.4%)

Bursa Top Losers:
YTLPOWR (-1.7%), YTL (-1.3%)

Bursa Trade Statistics
Local Institutions (42.1%): -RM91.7m
Local Retail (21.4%): -RM101.3m
Foreign (36.5%): +RM193.0m

Global Equity Indexes
MSCI Asia : 168.09 (+0.86, +0.51%)
NASDAQ : 15,655.60 (-286.95, -1.80%)
S&P500 : 4,953.17 (-68.67, - 1.37%)
DJIA : 38,272.75 (-524.63, -1.35%)

USD/MYR : 4.7633 (+0.0041)
SGD/MYR : 3.5400 (+0.0025)

Crude Oil : $77.87 (+1.43)
Gold : $2,007.20 (-26.69)

US stocks were lower after the close on Tuesday, as losses in the Utilities, Basic Materials and Technology sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average declined 1.35%, while the S&P 500 index lost 1.37%, and the NASDAQ Composite index lost 1.80%. Falling stocks outnumbered advancing ones on the New York Stock Exchange by 2,597 to 303 and 33 ended unchanged; on the Nasdaq Stock Exchange, 2,832 fell and 614 advanced, while 89 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) JFTECH (KLSE: 0146)
Technical BUY with +15.7% potential return
* Last: RM0.890 TP: RM0.980, RM1.03 SL: RM0.810
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) SUPERLN (KLSE: 7235)
Technical BUY on breakout (RM0.805) with +14.9% potential return
* Last: RM0.790 TP: RM0.880, RM0.925 SL: RM0.730
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) ECONBHD (KLSE: 5253)
Technical BUY with +23.0% potential return
* Last: RM0.370 TP: RM0.425, RM0.455 SL: RM0.310
* Timeframe: 2 weeks to 2 months
* Shariah: YES

Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia

Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

For the full research report, please log in to www.utrade.com.my

[LIVE WEBINAR - ENGLISH]

Unveiling the Evolving Trends in Property & Construction

🗓️: Saturday, 24 February 2024
⏰: 9:30am-11.30am

This FREE webinar is in English and open to public.

REGISTER NOW!
https://bit.ly/StockpickFeb2024TG
__
Session 1 • Unveiling Sustainable Trends in Property & Construction
Presented by Nazira Abdullah & Lucas Tan, Research Associate, UOB Kay Hian Malaysia

The recent rally in the property and construction sector, fueled by positive infrastructure developments such as the revival of sustainable projects like the KL-Singapore HSR, Johor's Special Economic Zone, and Forest City, appears to be sustainable.

Session 2 • Seizing Opportunities Amidst A Risk-On Environment; Strategic Selection Is Paramount
Presented by Desmond Chong, Head of Retail Research, UOB Kay Hian

Get ready to navigate the current market rally with confidence! While global economic factors paint a positive picture, smart selection is crucial to avoid hidden pitfalls.
__
#UOBKayHianEvents

UOBKH Singapore Retail Market Monitor
14 February 2024

Short Term Opportunity:
1) Sembcorp Industries (SGX: U96)
Technical BUY Range S$5.50-5.51
Last: S$5.54
TP: S$6.04
SL: S$5.33

2) Propnex (SGX: OYY)
Technical BUY Range S$0.905-0.910
Last: S$0.910
TP: S$1.030
SL: S$0.880

Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia

Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

For the full research report, please log in to www.utrade.com.my

UOBKH Retail Market Monitor
15 February 2024

FBMKLCI: 1,527.07 (-4.30)
Support: 1,513, 1,500
Resistance: 1,545, 1,570

Bursa Top Gainers:
PETDAG (+2.5%), AMBANK (+1.2%), MISC (+0.95%)

Bursa Top Losers:
SIMEPLT (-1.5%), PMETAL (-1.3%), IHH (-1.1%)

Bursa Trade Statistics
Local Institutions (44.5%): -RM59.3m
Local Retail (19.9%): +RM17.7m
Foreign (35.6%): +RM41.6m

Global Equity Indexes
MSCI Asia : 167.57 (-0.52, -0.31%)
NASDAQ : 15,859.15 (+203.55, +1.30%)
S&P500 : 5,000.62 (+47.45, +0.96%)
DJIA : 38,424.27 (+151.52, +0.40%)

USD/MYR : 4.7865 (+0.0232)
SGD/MYR : 3.5461 (+0.0061)

Crude Oil : $76.64 (-1.23)
Gold : $2,004.20 (-3.00)

US stocks were higher after the close on Wednesday, as gains in the Industrials, Consumer Services and Technology sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.40%, while the S&P 500 index added 0.96%, and the NASDAQ Composite index gained 1.30%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2,298 to 565 and 60 ended unchanged; on the Nasdaq Stock Exchange, 2,649 rose and 784 declined, while 89 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) TTVHB (KLSE: 0272)
Technical BUY with +27.6% potential return
* Last: RM0.815 TP: RM0.945, RM1.04 SL: RM0.720
* Timeframe: 2 weeks to 2 months
* Shariah: YES

2) TECHBND (KLSE: 5289)
Technical BUY on breakout (RM0.410) with +25.6% potential return
* Last: RM0.400 TP: RM0.480, RM0.515 SL: RM0.375
* Timeframe: 2 weeks to 2 months
* Shariah: YES

3) SKPRES (KLSE: 7155)
Technical BUY on breakout (RM0.755) with +23.2% potential return
* Last: RM0.730 TP: RM0.845, RM0.930 SL: RM0.665
* Timeframe: 2 weeks to 2 months
* Shariah: YES

Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia

Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

For the full research report, please log in to www.utrade.com.my

UOBKH Malaysia Trading Idea
15 February 2024

#TradingIdea #UOBKayHian

UOBKH Hong Kong Retail Market Monitor
15 February 2024

Short Term Opportunity:
1) Wynn Macau (HKEX: 1128)
Technical BUY Range HK$6.92-7.07
Last: HK$7.07
TP: HK$7.41/HK$8.08
SL: HK$6.50

2) BOC Hong Kong (HKEX: 2388)
Technical BUY Range HK$18.90-19.10
Last: HK$19.10
TP: HK$19.74/HK$21.00
SL: HK$17.80

Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia

Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

For the full research report, please log in to www.utrade.com.my

Why Was There a Big Drop in the Stock Market Last Night? 📉

Join Paul DeVierno as he explains the recent dramatic drop in the stock market, exploring potential reasons behind the sudden dip. Don't miss out and watch now!

Click the link to watch: https://fb.watch/qceDF7bU_0/

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Will The Democrats Ditch Biden Because He’s Too Old? 🇺🇲

Join Paul DeVierno as he analyses recent polling data suggesting that many Americans view Biden as too old for another presidential term. Gain insights into how this perception might influence the party's strategies and decisions moving forward.

Click the link to watch: https://fb.watch/qdi6vsWINH/

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UOBKH Retail Market Monitor
16 February 2024

FBMKLCI: 1,528.38 (-0.95)
Support: 1,513, 1,500
Resistance: 1,545, 1,570

Bursa Top Gainers:
QL (+2.1%), PCHEM (+1.0%), MISC (+0.67%)

Bursa Top Losers:
PETDAG (-1.4%), IOICORP (-1.0%), SIMEPLT (-0.89%)

Bursa Trade Statistics
Local Institutions (47.4%): -RM24.8m
Local Retail (20.3%): -RM2.8m
Foreign (32.3%): +RM27.6m

Global Equity Indexes
MSCI Asia : 169.15 (+1.58, +0.94%)
NASDAQ : 15,906.18 (+47.03, +0.30%)
S&P500 : 5,029.73 (+29.11, +0.58%)
DJIA : 38,773.12 (+348.85, +0.91%)

USD/MYR : 4.7825 (-0.0040)
SGD/MYR : 3.5501 (+0.0040)

Crude Oil : $78.03 (+1.39)
Gold : $2,004.40 (+0.20)

US stocks were higher after the close on Thursday, as gains in the Oil & Gas, Basic Materials and Financials sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.91%, while the S&P 500 index climbed 0.58%, and the NASDAQ Composite index gained 0.30%. Rising stocks outnumbered declining ones on the New York Stock Exchange by 2,345 to 538 and 51 ended unchanged; on the Nasdaq Stock Exchange, 2,375 rose and 1,031 declined, while 118 ended unchanged. (Source: Investing.com)

Stocks To Watch:
1) NGGB (KLSE: 7241)
Technical BUY with +21.4% potential return
** Last: RM0.980 TP: RM1.14, RM1.19 SL: RM0.920
** Timeframe: 2 weeks to 2 months
** Shariah: YES

2) ATAIMS (KLSE: 8176)
Technical BUY on breakout (RM0.295) with +32.2% potential return
** Last: RM0.290 TP: RM0.355, RM0.390 SL: RM0.245
** Timeframe: 2 weeks to 2 months
** Shariah: YES

3) SCABLE (KLSE: 5170)
Technical BUY with +38.3% potential return
** Last: RM0.235 TP: RM0.325, RM0.385 SL: RM0.120
** Timeframe: 2 weeks to 2 months
** Shariah: YES

Join UOB Kay Hian Malaysia's Official Telegram Channel
https://t.me/UOBKayHianMalaysia

Disclaimer:
This material is a service for investors and does not represent a buy or sell call. Usage of this information is at your own risk. You are advised to conduct your own independent evaluation, due diligence and risk assessment before investing. We accept no liability whatsoever for any direct or consequential loss arising from any use of this information.

For the full research report, please log in to www.utrade.com.my

UOBKH Malaysia Trading Idea
16 February 2024

#TradingIdea #UOBKayHian